ARE PASSWORDS PASSE?: "Your fingerprint is one of the best pass codes available; you carry it everywhere and no two are exactly alike," says Tangerine Bank's Charaka Kithulegoda.

Banks Lay Plans to Build Fingerprint Technology into Mobile Apps

Apple's announcement that it will make its Touch ID technology available to app developers is good news for bankers who see biometrics as the key to authenticating mobile banking users. But some security experts question whether fingerprint scans are actually more secure than passwords.

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